GUERNSEY’S ‘white list’ status has given it an edge on competitors trying to secure business in China, it has been claimed.

AS the dust settles on what has been hailed a ‘historic’ G20 summit, it is clear that a new financial world order has been born. What is less certain is precisely what the near future holds for economies around the globe, not least Guernsey’s.

GUERNSEY’S ability through the centuries to adapt in order to carve out its place in the world continued unabated yesterday.

BUSINESS leaders rejoiced yesterday after learning the island had been put on a white list of cooperative financial centres.

GUERNSEY is set to reach the finish line in its efforts to escape being blacklisted by the G20, the chief minister believes. 

GUERNSEY should have nothing to fear from a UK Government review of offshore territories, according to Fortis tax director Fran Snoding.

GUERNSEY’S efforts in signing tax information exchange agreements is impressing the Organisation for Economic Co-operation and Development.

GUERNSEY is among the top six international finance centres improving its transparency and exchange of information in tax matters, according to the OECD.

THE Organisation for Economic Cooperation and Development's focus on larger economies has been welcomed by the States.

THE Advisory and Finance Committee is in correspondence with Australia and New Zealand regarding starting negotiations on OECD obligations.